Capital Mobility in Developing Countries : M386Some Empirical Tests.

The degree of capital mobility in developing economies is seldom estimated, even though it is widely recognized to be an important element in determining the effects of stabilization policies. Instead, an economy is assumed to be open or closed mainly on grounds of analytical convenience. This paper...

Täydet tiedot

Bibliografiset tiedot
Yhteisötekijä: International Monetary Fund
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1990.
Sarja:IMF Working Papers; Working Paper ; No. 1990/117
Linkit:Full text available on IMF
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245 1 0 |a Capital Mobility in Developing Countries :   |b M386Some Empirical Tests. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1990. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The degree of capital mobility in developing economies is seldom estimated, even though it is widely recognized to be an important element in determining the effects of stabilization policies. Instead, an economy is assumed to be open or closed mainly on grounds of analytical convenience. This paper develops a simple approach to modelling and measuring the degree of financial openness which is applicable to developing economies. Empirical estimation using data from a large number of developing countries suggests that the effective degree of capital mobility in such economies may be higher than is commonly assumed. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 1990/117 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1990/117/001.1990.issue-117-en.xml  |z IMF e-Library